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Centaline top ten housing estates recorded 376 groups of weekend viewing volume
Jul 24, 2023
Centaline top ten housing estates recorded 376 groups of weekend viewing volume Hong Kong
By   Centaline Property
  • City News
  • Housing estates
  • building volume
  • residential market situation
Abstract: Centaline real estate ten major housing estates this weekend recorded 376 groups of appointment to see the volume, compared with last week's slight increase of 0.3%, is still at a low level.

Centaline real estate residential department president Chen Yongjie said, the recent overall market conditions slightly softened, the market on the outcome of next week's U.S. interest rate wait-and-see, buyers mostly hold back, the market desire is low, coupled with the new market to stick to the market to launch grabbing customers, but also sucked away a lot of the market's purchasing power, is expected to continue to second-hand transactions under pressure, the overall rigid demand does not diminish if the owner of the property to further expand the bargaining space, the unit is also taken on.

 

Hong Kong Island District, the Central Plains Real Estate Taikoo Shing District senior regional sales director Zhao Hongyun said, second-hand transactions into a stalemate, this week, the first-hand market continues to grab the focus of the area owners generally hold strong, providing a limited bargaining space, and thus failed to attract buyers into the market. Coupled with the U.S. Federal Reserve will discuss interest rates next week, the market wait-and-see atmosphere, Taikoo Shing this weekend to look at the flat atmosphere, recorded 26 groups of appointments, a weekly increase of 4%, per foot of the practical asking price also rose slightly to $ 17,800, a slight increase of about 0.6%.

 

Centaline real estate Kornhill Kornhill Street branch chief district sales manager Yang Wenjie disclosed that this week a hand market continue to seize the market attention, Sunday Quarry Bay has the existing building project to stick to the market price of additional units, buckle up the second-hand purchasing power, Kornhill Gardens this month so far temporarily recorded 5 transactions, the average foot price of about 14,686 yuan. Estate weekend appointment to see the volume of weekly performance flat, maintained at about 25 groups of appointments, per foot practical asking price fell 2.6% to $ 14,900.

 Centaline top ten housing estates recorded 376 groups of weekend viewing volume

Kowloon District, the Centaline West Kowloon Mobil MasterCard third branch branch sales manager Feng Jianping said, Mei Foo Sun Chuen this month so far temporarily recorded about 8 transactions, compared with the same period last month 9 slightly slowed down 1, the average utility foot price of the latest has fallen to the level of $ 11,100. A number of large-scale new developments are coming on the market, stealing the focus of the market, some buyers are waiting for the price of new developments before making a decision to buy a home, so that the second-hand trading atmosphere has also turned wait-and-see. Second-hand housing estates to look at the atmosphere is flat, Mei Foo Sun Chuen this weekend to look at the volume recorded 65 groups of appointments, no increase or decrease in weekly, the practical asking price per square foot also maintains the level of $ 12,400, the transaction is expected to be on the quiet side.

 

Centaline real estate Whampoa second branch branch sales manager Yuen Hsien-shan said, Whampoa Garden this month so far temporarily recorded 5 transactions, compared with the same period last month, 8 obviously slowed down, the average utility foot price has been adjusted to 14,673 yuan, the performance of the loss of color. Property market purchasing power continues to flow to the primary market, coupled with the second-hand fine price of the inventory needs to be supplemented, the pace of second-hand transactions slowed down immediately. Whampoa Garden this weekend to see the amount of property hovering at a low level of 30 groups to make an appointment, per foot practical asking price also maintains the level of $ 16,000.

 

In the New Territories, the Centaline Real Estate City One Shatin branch regional sales director Lai Chung Man said, City One Shatin temporarily recorded about 10 transactions this month, similar to the same period last month, the volume of transactions is still at a low level, the number of visits to the property this weekend recorded about 45 groups, compared with the previous week no rise or fall, the current buyers are quite prudent attitude to enter the market, the overall wait-and-see atmosphere is strong, and the owner of the rate of reduction of the majority of buyers did not reach the expectations of the stalemate in the transactions, coupled with the first-hand In addition, the low price of new flats has led to a flow of purchasing power to the primary market, and it is expected that the secondary market will remain low in the short term.

 

Centaline Property's Senior Regional Sales Director for Tung Chung and Tsing Yi, Mr. Philip van Wykham, said that there was one sale and purchase transaction in Ying Wan Park this month. In the area of Tung Wan first-hand goods end of the recent re-launch, the sale of good, Tung Chung second-hand market buyers to enter the market confidence in a positive boost, but the Federal Reserve Board will be next week to discuss the interest rate, prospective buyers in the short term to enter the market attitude is still cautious, most of them stay put to wait for the results of the interest rate announcement. However, even if the interest rate is raised, it is estimated that it may not have too much impact on buyers' confidence in entering the market, after all, Ying Wan Park is a user market, and there will be a take-up of price reduction orders. This weekend Yingwan Park recorded about 20 groups of viewing appointments, similar to last weekend.

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Centaline top ten housing estates recorded 376 groups of weekend viewing volume
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